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Processa Pharmaceuticals, Inc.: 10-Q filed 2022-11-08

What Processa Pharmaceuticals, Inc. reported in its quarterly report filed 2022-11-08 (fiscal Q3 2022): 31 published measures, 84 facts as tagged in accession 0001493152-22-030942.

This filing

Form
10-Q (quarterly report)
Filed
2022-11-08
Fiscal period
fiscal Q3 2022
Accession
0001493152-22-030942 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Processa Pharmaceuticals, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-09-3018,604,465USD
At 2021-12-3126,463,505USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2022-09-301,364,440USD
At 2021-12-31978,405USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2022-09-3017,240,025USD
At 2022-06-3020,081,867USD
At 2022-03-3123,236,866USD
At 2021-12-3125,485,100USD
At 2021-09-3027,208,364USD
At 2021-06-3029,241,692USD
At 2021-03-3131,336,139USD
At 2020-12-3122,939,478USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2022-09-309,054,576USD
At 2021-12-3116,497,581USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-07-01 to 2022-09-30-6,020,410USD92
2022-01-01 to 2022-09-30-14,411,909USD273
2022-04-01 to 2022-06-30-5,164,368USD91
2022-01-01 to 2022-03-31-3,227,131USD90
2021-07-01 to 2021-09-30-2,987,217USD92
2021-01-01 to 2021-09-30-8,243,740USD273
2021-04-01 to 2021-06-30-3,157,043USD91
2021-01-01 to 2021-03-31-2,099,480USD90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-09-30-7,107,758USD273
2021-01-01 to 2021-09-30-5,990,321USD273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2022-01-01 to 2022-09-300USD273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2022-01-01 to 2022-09-30-335,247USD273
2021-01-01 to 2021-09-309,667,285USD273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-09-30-51,235,241USD
At 2021-12-31-36,823,332USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2022-07-01 to 2022-09-3016,200,222shares92
2022-01-01 to 2022-09-3015,991,653shares273
2021-07-01 to 2021-09-3015,531,442shares92
2021-01-01 to 2021-09-3015,177,306shares273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2022-07-01 to 2022-09-30-0.37USD/shares92
2022-01-01 to 2022-09-30-0.9USD/shares273
2021-07-01 to 2021-09-30-0.19USD/shares92
2021-01-01 to 2021-09-30-0.54USD/shares273

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2021-07-01 to 2021-09-30-122,442USD92
2021-01-01 to 2021-09-30-348,859USD273

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-07-01 to 2022-09-303,213,815USD92
2022-01-01 to 2022-09-306,052,081USD273
2021-07-01 to 2021-09-301,114,241USD92
2021-01-01 to 2021-09-302,287,863USD273

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-07-01 to 2022-09-30-6,057,118USD92
2022-01-01 to 2022-09-30-14,457,581USD273
2021-07-01 to 2021-09-30-3,111,430USD92
2021-01-01 to 2021-09-30-8,764,533USD273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2022-09-3010,886,685USD
At 2021-12-3118,327,151USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-09-301,192,733USD
At 2021-12-31971,020USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2022-09-30311,066USD
At 2021-12-31218,905USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2022-09-307,465,266USD
At 2021-12-318,056,638USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2022-09-3015,895,087shares
At 2021-12-3115,710,246shares

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2022-09-30246,979USD
At 2021-12-3174,181USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2022-09-30247,967USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2022-09-307,465,266USD
At 2021-12-318,056,638USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2022-09-307,717,780USD
At 2021-12-318,136,354USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2022-09-30216,407USD
At 2021-12-31279,265USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2022-09-301,832,109USD
At 2021-12-311,759,296USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2022-07-01 to 2022-09-30-6,020,410USD92
2022-01-01 to 2022-09-30-14,411,909USD273
2021-07-01 to 2021-09-30-3,109,659USD92
2021-01-01 to 2021-09-30-8,592,599USD273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2022-07-01 to 2022-09-302,920,280USD92
2022-01-01 to 2022-09-306,137,674USD273
2021-07-01 to 2021-09-301,338,113USD92
2021-01-01 to 2021-09-303,391,105USD273

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2021-01-01 to 2021-09-30484USD273

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2022-07-01 to 2022-09-30197,124USD92
2022-01-01 to 2022-09-30591,372USD273
2021-07-01 to 2021-09-30195,700USD92
2021-01-01 to 2021-09-30593,365USD273

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2021-01-01 to 2021-09-30-348,859USD273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-09-3092,161USD273
2021-01-01 to 2021-09-3034,283USD273

Inspect the source

Entity
Processa Pharmaceuticals, Inc. / CIK 0001533743
Captured
SEC response SHA-256
5f3216d9024f2a7fc94b315f5bf243c7efb048273a6be394a2f74186d7af2a31

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001533743.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))